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Technology Stocks : Amdahl
AMH 31.45-0.5%9:30 AM EST

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To: CASEY who wrote (83)1/20/1997 6:03:00 PM
From: K.J.Devine   of 158
 
The volume on Friday came late in the day. Actually, the stock was down even further. The volume was associated with 5 large block trades which were buy's. The volume actually brought the stock back up a 1/8. Remember 24 was not my projection but DLJ'S ANALYST'S projection. However, when you review the projected earnings for 1997 the general consensus is better then .70 per share.

If they do it, I can see $24.00 very easy. Let's see what the final 4th quarter earnings look like.

KJ Devine
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